Poland's Eurocash shares slump as Q1 earnings disappoint

Eurocash SA

15/05/2025 08:28

** Eurocash shares EUR.WA slump more than 11% after the Polish retailer's Q1 results miss market expectations

** Eurocash's Q1 EBITDA drops 11% y/y, while sales declines 7%

** "We assess the results negatively mainly due to a deeper than expected decline in revenues in Wholesale and Retail, along with a continued decline in profitability in both segments," Trigon analyst Piotr Chodyra said in a note.

** "We see room to lower our forecasts for the current year in both main segments"

** Eurocash at bottom of Polish mWIG40 .mWIG40 index, comprising 40 mid-size firms listed on Warsaw Stock Exchange main list

($1 = 3.7731 zlotys)

 (Reporting by Marta Maciag)

 ((Marta.Maciag@thomsonreuters.com))